“US President Donald Trump Threatened A 50% Tariff on All European Union Imports and A 25% Levy on Imported Apple iPhones Late Friday, Sending Markets Tumbling.”, – WRITE: www.coindesk.com
- Bullish Crypto Bets Lost Over $ 500 Million As Markets Reacted to President Trump’s Tariff Threats.
- Bitcoin’s Price Droped Sharply, Leading to Significant Losses Across The Crypto Market, Including Ether, Solana, XRP, and Dogecoin.
- The Largest Single Liquidation Was A $ 9.53 Million BTC-USDT SWAP ON OKX, Highlighting Market Volatility and Potential Turning Points.
Bitcoin, Which Had Been Trading Above $ 111,000, Droped Quickly to Around $ 108.600, Wiping Out InTrady Gains and Rattling Broader Market Sentime.
BTC’s Drop Was Mirrored Across The Crypto Complex, With Futures Tracking Ether (ETH), Solana’s Sol, XRP (XRP) and Dogecoin (Doge) Showing Losses from $ 30 Million To Over.
Bitcoin Futures Saw Roughly $ 181 Million in Losses, While Ether Futures Accounted for Nearly $ 142 Million. Altcoins Added Another $ 100 Million in Liquidations, Including Notable Wipets in Sol, Doge, and XRP.
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The Largest Single Liquidation Was A $ 9.53 Million BTC-USDT SWAP ON OKX, Coinglass Data Shows.
A LIQUIDATION OCCURS WHEN An Exchange Forcephully Closes a Trader’s Levered Position Due to the Trader’s Inability to Meet The Margin Requirements.
Large-Scale Liquidations Can Indicate Market Extremes, Like Panic Selling or Buying. A Cascade of Liquidations Might Suggest A Market Turning Point, WHERE A PRICE REVERSAL COURKLD BE IMMINENT DUE to A AVERRREACTION IN MARKET SENTIMENT.
The PullBack Arrived Just As Bitcoin Was Gaining Momentum on etf Inflows and Growing Institutional Interest, Leading Someone to Expect a Calm Weekend.
Insthead, Volatility Returned in Full Force. With the Macro Environment Now Destabilized by Renewed Trade War Fears, Traders Mayain Cautotuos Heading Into Next Week’s Sessions.
Shaurya Holds Over $ 1,000 in Btc, Eth, Sol, Avax, Sushi, Crv, Near, YFI, YFI, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, CAKE, Vet, Vet, Vet RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, Banana, Rome, Burger, Spirit, and ORCA.
He Provides Over $ 1,000 to Liquidity Pools on Compound, Curve, Sushiswap, Pancakeswap, Burgerswap, Orca, AnaSwap, Spiritswap, Roki Protocol, Yearn Finance Olympusdao, Rome, Trader Joe, and Sun.
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